Turbon announces losses

Turbon announces losses

Following the company’s announcement in April that its consolidated sales for 2017 were down by €7.4 million ($8.95 million), Turbon has now revealed it expects a 2018 FY loss of another €7 million ($7.9 million). Turbon AG has released details of an adjustment to its...
KMP announces Chinese investment

KMP announces Chinese investment

The German company has revealed that KMP shareholders have acquired a 49 percent ownership stake in Shenzhen Tec-Motion Technology Co., LTD. According to KMP, the Chinese company develops and produces electronic fittings for many fields of application, including...
Karstadt to stock Ninestar products

Karstadt to stock Ninestar products

One of Germany’s biggest department stores is now offering the company’s G&G-branded products in its national network of over a hundred branches. The news was announced by Ninestar’s German distributor, Toner Dumping. The announcement stated that placing...